Landmark CU Enjoys Jump in Business Loans

MILWAUKEE – In the past year, the $860 million Landmark Credit Union has seen its business lending double and is on track to have $30 million of loans on the books by the end of 2004, according to Ron Kase, president and CEO. “We do see tremendous opportunities for us,” declared Kase noting that in 2003 business loans for the state’s largest CU totaled $13 million. They currently stand at $26 million, he said. Apart from business loans, Landmark headquartered in suburban New Berlin and with 112,00 members, is looking to grow “our footprint of offices” in nine Wisconsin counties under its expanded field of membership and is also exploring non-member check cashing services in some of its 12 branches. Check cashing, he said, should aid underserved areas in Milwaukee by providing such services at “less cost” than traditional check cashers and payday lenders.